There are many examples of franchise systems. Most people think of fast-food franchises, such as McDonald's and Burger King, but many franchises also provide a variety of other goods and services including auto repair, tax advising, consulting, real estate, fitness, educational, and dental services.
Research a franchise opportunity other than fast-food.
Identify and describe the opportunity.
Analyze the benefits and drawbacks of buying that franchise and how this may be unique to this business segment.
Review the services and support provided to the small business entrepreneur by the franchise.
Discuss how you would use the business valuation techniques of Entrepreneurship and Small Business Management by Norman Scarborough to determine a value for purchasing an existing franchise opportunity.